Systems That Focus on Making Data Collected in OLTP Useful

question 56

Short Answer

Systems that focus on making data collected in OLTP useful for decision making are often referred to as ________.

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Definitions:

Cash Collections

The process of gathering and managing the cash from sales, financing, or other sources of revenue for a business.

Revenue Recognition

The accounting standard that identifies the exact circumstances where revenue is considered or documented.

Percentage of Completion

Percentage of completion is an accounting method used to recognize revenue and expenses of long-term projects proportionally to the work completed.

Realizable Revenue

The amount of revenue that is considered to be collectible from goods sold or services rendered.